STX 2.17% 22.5¢ strike energy limited

from the West Australian todayMr Woods said the plant would be...

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    from the West Australian today

    Mr Woods said the plant would be done by September if no more issues emerged, but considered that view "naive"More broadly, Mr Woods talked up the potential for consolidation in Perth Basin oil and gas, adding that he had been working with Strike Energy and Gina Rinehart's Hancock Prospecting."There is a tone of consolidation," he said.Adding capacity at Waitsia would be cheaper than other oil and gas companies building new facilities, Mr Woods said."If we just keep drilling and not learning from each other we're just going to end up eroding a lot of capital," he said.Beach Energy is partly owned by Seven Group
 
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